European Central Bank (ECB)

310 results about this entity

Period: 16 Feb 2007 - 30 Apr 2024

European card fraud losses fall

ATM and POS-based card fraud are on the retreat in Europe, thanks in large part to technological advances such as EMV, but online losses remain stubbornly high, according to figures from the ECB.

ECB tells firms to buck up Sepa migration efforts

The European Central Bank (ECB) has warned that many companies are leaving Sepa migration too late, leaving themselves open to serious problems when the February 2014 deadline arrives.

Back office costs for T2S to run as high as EUR27 million

European banks and broker-dealers are lagging in their understanding of the impact of the European Central Bank's plans for harmonising settlement under the Target2Securities platform, with migration costs for back offices estimated at anywhere between seven million euros and EUR27 million.

ECB signs for Thomson Reuters Eikon

The European Central Bank has signed a three year deal to roll out Thomson Reuters' Eikon desktops across the ECB and 18 participating national central banks.

US sets sights on ECB's Target2 over Iran sanctions

US lawmakers are putting together a bill designed to make it harder for Iranian firms to use the European Central Bank's Target2 cross-border payments system, according to press reports.

ECB seeks to improve online payments security

The European Central Bank has outlined plans to improve the security of Internet payments, requiring firms to beef up their customer authentication processes.

Clearstream to pass on EUR30 million T2S development costs to customers

European depository Clearstream plans to pass on to its customers an estimated EUR30 million in development costs for migrating to the European Central bank's Target2-Securities (T2S) system.

ECB extends T2S deadline; weak trading hits volume and pricing assumptions

The European Central Bank may be forced into a rethink of the charging structure for the Target2Securities settlement platform as weak trading in Eurozone markets hits previously optimistic volume assumptions.

European Central Bank warns of virtual currency risks

The growth of virtual currency schemes such as Bitcoin and Second Life's Linden Dollars, could have a negative reputational impact on central banks due to their inherent instability, warns the European Central Bank.

Swift wins T2S connectivity deal with CSD consortium

Link Up Markets, a consortium of 11 European central securities depositories (CSDs), has selected financial messaging network Swift to provide connectivity to Target2-Securities, the new pan-European settlement infrastucture under construction by the European Central Bank.

ECB explores the social costs of payments

The social costs of making retail payments in the EU amounts to EUR45 billion, or nearly one percent of the combined GDP of the 13 member states surveyed by the European Central Bank.

Non-cash payments on the rise in EU

More than 90 billion non-cash payments were made in the EU last year, nearly five per cent up on 2010 thanks to rising use of credit and debit cards, according to European Central Bank figures.

Euroclear to join T2S project

The European Central Bank's plans to develop a common framework for securities settlement across Europe have been boosted by the agreement of three Euroclear central depositories in Belgium, France and The Netherlands to participate in the scheme.

ECB signs nine depositories to T2S project

Nine central securities depositories have signed up to participate in the European Central Bank's controversial Target 2 Securities (T2S) platform, which is intended to streamline securities settlement across the Eurozone.

European Central Bank proposes 2FA liability shift to boost Internet payment security

The European Central bank has issued a set of recommendations to promote the security of payments made over the Internet.

Swift, SIA and Colt win T2S connectivity licenses

Europe's central banks have awarded the two Target2Securities (T2S) connectivity licenses to Swift and a consortium made up of SIA and Colt.

T2S enters make-or-break phase as ECB doles out incentives for participation

The European Central Bank is to offer 'early bird' incentives to central securities depositories that sign up to the Target 2 Securities (T2S) platform, as the controversial project to streamline the Euro area's securities settlements systems reaches a critical make-or-break stage in its development.

Euro zone crisis fix? There's an app for that

Somebody at the European Central Bank must have a warped sense of humour. Amid desperate calls for the ECB to step in and do more to help alleviate the euro zone crisis, social media wonks at the bank turned to Twitter to trumpet the arrival of an important new monetary policy game for the iPhone and iPad.

EU watchdog warns of financial instability as Sibos bankers complain about regulatory burden

Financial stability within the EU is at risk unless decisive and swift action is implemented by all authorities, according to a warning issued by the European Systemic Risk Board (ESRB), the EU's super-watchdog.

ECB calls on recalcitrant CSDs to take efficient approach to T2S integration

The ECB has called on central securities depositories (CSDs) to 'efficiently reshape' their IT infrastructure in order to integrate to the T2S platform, its proposed pan-European settlement service which has encountered further delays amid foot-dragging by CSDs and protracted arguments over costs and pricing.